The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash

[Maverick]

"Deutsche Bank concerns just went to '11' as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties’ mounting concerns about doing business with Europe’s largest investment bank.

While the vast majority of Deutsche Bank’s more than 200 derivatives-clearing clients have made no changes, some funds that use the bank’s prime brokerage service have moved part of their listed derivatives holdings to other firms this week, according to an internal bank document seen by Bloomberg News."

http://www.zerohedge.com/news/2016-...nk-hedge-fund-clients-cut-collateral-exposure

 

[Maverick]

Dow Drops 170 Points As Focus Shifts To Deutsche Bank, Fed

U.S. stocks tumbled Thursday after two straight days of gains as investors appeared to shift from a focus on a preliminary agreement on oil output to worries about European bank contagion and talk of a December rate increase by the Federal Reserve.

http://www.foxbusiness.com/markets/...nts-as-focus-shifts-to-deutsche-bank-fed.html

 

[jontte]

this will hit hard!!! China has a bank transfer to DB waiting,the sum is only 3,8 billion euros and it's waiting......waiting...

 

[jontte]

and quite a few are telling us here;stock up on food and other stuff..asap!!!!

and apparently DB's atm's are closed!!

 

[Maverick]

Wow, so is reality setting in on that side of the pond?

 

[jontte]

for a very few,very few,but if DB goes belly up,well my bro always tells me that I'm a doomsday preacher,but this could be big enough to destabilaize this side of the pond.

 

[Silent Earth]

If DB goes tits up so will the Greek, Italian , Spanish and Italian banks.

 

[Silent Earth]

http://www.express.co.uk/finance/ci...-collapse-unless-Merkel-government-intervenes

 

[jontte]

wonder if that b**** will intervene???

 

[jontte]

if all those banks go tits up,it's kinda like in the 30's...and only a few short steps from some serious crap

 

[Maverick]

In the end it's the little people that get shafted.

January this year I pulled half of my money of the bank and out of that half I pulled out 1/4 that was invested in gold and silver and the other 1/4 just cash not sure if gold and silver would even be worth a shxt so didn't want to put most of it in gold/silver.

 

[Mountain trapper]

Over the past couple of weeks I've sold off much of my stock investments and started buying more tangible goods. Also made a very large lump sum payment on my property. I kinda had a gut feeling that something is up and now is the time to quit talking and start taking action.
I'm not worried about a 170 point drop in the market, that's more of a buying opportunity, but I do see other signs that concern me very much.

 

[Silent Earth]

I can see what the EU and ECB will do now, They will do right across every EU state what they did with Cyprus, they will raid every citizens current and savings accounts for a 10 to 20% one off haircut, and the sheeple will do nothing, just like they did nothing in Cyprus. Its pretty clear the raid on the cypriot accounts was pretty much an experiment to see if the EU could get away with it, and they did.

 

[Silent Earth]

It gets worse
http://www.express.co.uk/news/world...ident-Recep-Erdogan-buy-Germany-Deutsche-Bank

 

[jontte]

that b**** has caused so much damage,it's astounding they let her rule,hag a "light talk" with the man who has his kiosk here in my hood,he was even worried about this, and he rarely shows worries but this news blurb caught his attention too.

 

[Silent Earth]

that b**** has caused so much damage,it's astounding they let her rule,hag a "light talk" with the man who has his kiosk here in my hood,he was even worried about this, and he rarely shows worries but this news blurb caught his attention too.

Scandinavia fooked up big time et al, if the Finns, Swedes, Laps, Suumi, Norges and even the Danes had created their own trading block they would not need northern or southern Europe

 

[jontte]

it's nice knowing we have to wade through waist deep doo-doo

 

[Silent Earth]

Now the second biggest German bank is in trouble
http://www.express.co.uk/finance/ci...e-Bank-share-price-plunges-AGAIN-profit-fears

 

[lonewolf]

I don't know what your complaining about, you keep moaning on the British forums that you've got no money!!

 

[jontte]

Now the second biggest German bank is in trouble
http://www.express.co.uk/finance/ci...e-Bank-share-price-plunges-AGAIN-profit-fears

it's like wildfire....if they let thos banks go,it will have seroius concequence here in Europe and bailing them out will cost money,lots of it.

 

[Silent Earth]

it's like wildfire....if they let thos banks go,it will have seroius concequence here in Europe and bailing them out will cost money,lots of it.

Masses of european pension funds are held by DB, if they get taken over by the German govt or ha e to have a bail in millions of peoples pensions will get hammered.

 

[jontte]

we all know history,don't we and this starts to remind me of times when a little man with a funny mustach came to power...

 

[Mountain trapper]

It won't be long before I'm able to live without any banks. Let em go under.

 

[Maverick]

I'm tired of the bail outs. All we are doing is rewarding greed and bad management when we bail out any business/institutions.